FISV - Fiserv, Inc.
Chart Events
Momentum
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 106.19 |
| Open | 106.56 |
| Bid | 107.40 x 800 |
| Ask | 108.00 x 900 |
| Day's Range | 104.71 - 107.06 |
| 52 Week Range | 73.50 - 125.05 |
| Volume | 5,377,221 |
| Avg. Volume | 5,532,792 |
| Market Cap | 71.481B |
| Beta (5Y Monthly) | 0.84 |
| PE Ratio (TTM) | 59.75 |
| EPS (TTM) | 1.79 |
| Earnings Date | Jul 23, 2020 - Jul 27, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 118.00 |
Fair Value
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Fiserv to Present at Baird’s 2020 Global Consumer, Technology & Services Virtual Conference
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Is This Potential Long-Term Leader Getting Ready To Gush Higher?
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True Sky Credit Union Moves to Fiserv for Full Set of Financial Tech
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CD 2016-CD1 Mortgage Trust -- Moody's affirms eight classes of CD 2016-CD1 Mortgage Trust
Rating Action: Moody's affirms eight classes of CD 2016- CD1 Mortgage Trust. Global Credit Research- 26 May 2020. Approximately $577.6 million of structured securities affected.
- Insider Monkey
Hedge Funds Dumped Fiserv, Inc. (FISV) During The Crash
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
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Leon Cooperman Sells Fiserv and United Airlines During 1st Quarter
Guru's top sells and buys of the first quarter Continue reading...
- Business Wire
Financial Institutions Ease Cardholder Frustration by Addressing Transaction False Declines with New Fiserv Technology
Authorization Lift from Fiserv is designed to reduce the number of legitimate debit card transactions wrongly identified as fraudulent.
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Redstone Federal Credit Union Taps Fiserv for P2P Payments
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Fiserv Named Best Digital Mortgage Company in 2020 FinTech Breakthrough Awards
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FTC and First Data Merchant Services Reach $40 Million Settlement
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- Business Wire
First Data Merchant Services Agrees to Resolution with the Federal Trade Commission
First Data Merchant Services has reached an agreed resolution with the FTC, related to isolated business practices by a single wholesale ISO.
- Business Wire
Fiserv Named to FORTUNE 500
Fiserv has been named for the fifth consecutive year to the prestigious FORTUNE® 500, the annual ranking of America's leading companies.
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He Saved First Data. Now Fiserv’s New CEO Sees a Changed Payments Landscape.
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- TipRanks
3 Top Stock Picks From Wall Street’s 5-Star Analyst
What does it take to be the best? On Wall Street, it takes a sharp eye for stocks and a clear view of what makes a winning investment – and not every analyst has that.Glenn Greene, writing on the technology sector for Oppenheimer, is one of the select few analysts to rate five stars from TipRanks. Ranked 3 overall, out of 6,546 rated analysts, Greene’s recommendations have a success rate of 81%. Even better, for the investors who follow him, Greene’s calls have brought an average return of 20.4%. With this in mind, we wanted to take a closer look at the 5-star analyst’s top picks in the business services sector. These are companies that provide day-to-day financial and payment processing services in the B2B market. While not household names, they are vital players in their niche. Let’s see why Greene sees them as compelling components for your portfolio.Fiserv, Inc. (FISV)We’ll start with, Fiserv, a provider of financial services technology for banks, credit unions, leasing and finance companies, retailers, and securities brokers and dealers. Fiserv has been in business since 1984, and reported over $10 billion in revenues for fiscal year 2019.On May 7, Fiserv reported two items of great interest to investors. First, the company announced that long-time CEO Jeffery Yabuki will step down as of July 1. He will be succeeded by COO Frank Bisignano. In the second news item that day, Fiserv reported Q1 results. At the top line, GAAP revenues increased 151% to $3.77 billion, and GAAP earnings grew by 2% to 57 cents per share. The balance sheet was solid -- Fiserv reported $888 million in net cash for the quarter, compared to $373 million in Q1 2019.Greene’s assessment of FISV is simple: he rates the stock as a Buy, and believes it has a clear path forward, stating, “FISV has seen steady weekly volume improvement since late March and into May. For perspective, volume declines approximated 30% in late March and have gradually recovered to low double-digit declines; notably better than peer trends, perhaps due to vertical or geographic volume mix. Accordingly, we expect significant but bottoming revenue/profitability pressure in 2Q20 with gradual improvement in subsequent quarters.”Along with this Buy rating, Greene give FISV a price target of $130, indicating his confidence in a solid 31.5% upside potential.Fiserv has no fewer than 19 recent analyst reviews, including an impressive 17 Buy ratings against just 2 Holds, and making the analyst consensus a Strong Buy. The average price target, $122.37, implies a 24% premium from the current trading price of $98.86. (See Fiserv stock analysis on TipRanks)FleetCor Technologies (FLT)Next on today’s list is FleetCor, a major provider of fuel cards and workforce payment services throughout the developed world, with major clients in the US, the Netherlands, Belgium, and Germany. FleetCor’s client list includes government entities, petroleum companies, and business commercial fleets.For Q1 2020, FLT showed mixed results. Revenues grew, gaining 6% year-over-year to reach $661.1 million. At the same time, net income fell by 15% yoy to $147.1 million. Due to the pandemic, management withdrew previously published full-year 2020 guidance, citing increased uncertainty in future business activity. Shares have slipped 13% since the earnings release.In his review of FLT, Greene maintained his Buy rating, along with a $280 price target that implies a strong upside of 30%. Greene comments, “Notwithstanding near-term COVID-19-related headwinds, FLT remains well positioned to re-capture growth as end client volumes and activity normalize. Additionally, FLT maintains significant capital deployment flexibility, which we suspect could be utilized as we see some evidence of broader growth trends returning.”The Moderate Buy analyst consensus rating on FLT is based on 13 reviews, including 7 Buys and 6 Holds. The stock is selling for $215.15, and the $270.23 average price target indicates it has room for 26% upside growth over the next 12 months. (See FleetCor stock analysis on TipRanks)WEX (WEX)The last stock on today’s list is WEX, an interesting company that provides payment solutions for corporate accounts. WEX started out in the 1980s as a fleet card provider, offering gasoline payment processing for corporate motor pools, and has since expanded to offer a wider range of payment processing and information management for commercial and government vehicle fleets.Prior to the COVID-19 outbreak, WEX was having a good year. The company saw earnings grow through the first three quarters of 2019, and finished the year with a $2.39 EPS in Q4. The wide-ranging, large-scale economic shutdowns put in place to help fight the pandemic hit WEX hard, however. With so many people under shelter-at-home orders, vehicle traffic declined sharply, as did the need to refuel, service, and maintain those vehicles. WEX reported just $1.62 in Q1 earnings, missing the forecast by over 10% and falling 32% sequentially. The bright spot was the year-over-year change; EPS was up 5.8% from Q1 2019.However, Glenn Greene believes that WEX remains in a solid position, with positive long-term prospects. The analyst noted, “WEX continues to see strong momentum in its US Health businesses, which realized a minimal impact from the pandemic. WEX also instituted near-term cost-cutting measures that should provide $60–65M of FY20 expense savings… We remain optimistic regarding WEX's diversified growth potential LT, however, are cautious regarding recent NT headwinds.”To this end, Greene maintained his Buy rating on WEX shares. His $175 price target suggests a robust one-year upside of 51% to the stock.Overall, WEX shares have a Moderate Buy rating from the analyst consensus. This is based on 11 recent reviews, which break down to 6 Buy and 5 Hold. Shares are priced at $116.09, and the average price target, $174.90, is in line with Greene’s, indicating room for 51% growth. (See WEX stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
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- Business Wire
Financial Institutions Can Manage Forgiveness of Paycheck Protection Program Loans with Fiserv and its Clients
Fiserv is ready to help banks and credit unions facilitate loan forgiveness applications and service loans made through SBA PPP.
- Barrons.com
Why Investors Should Consider Companies That Are Repaying Their Credit-Line Debt
Investors may want to consider stocks of companies that have announced the repayment of their revolving credit lines.
- Moody's
Fiserv, Inc. -- Moody's assigns Baa2 rating to Fiserv's senior unsecured notes issuance
Moody's Investors Service ("Moody's") has assigned a Baa2 senior unsecured rating to Fiserv, Inc.'s ("Fiserv") proposed offering of senior notes. The net proceeds from the offering will be used to refinance an upcoming senior notes maturity and to repay outstanding revolving credit facility balances. Fiserv's Baa2 rating reflects its position as a global diversified financial technology leader with net revenue scale of $14.4 billion (pro forma 2019).
- Business Wire
Fiserv to Host Virtual Annual Meeting of Shareholders on May 14, 2020
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- Business Wire
Clover Online Ordering Helps Restaurants Connect with Customers and Optimize their Business
Restaurants can connect with customers, simplify the management and fulfillment of online orders, and better optimize their business with Clover Online Ordering, the latest feature added to the market-leading Clover® point-of-sale platform from Fiserv, Inc., (NASDAQ: FISV), a leading provider of financial technology solutions.
- GuruFocus.com
2 Stocks Move on Friday
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On Thursday, Fiserv (NASDAQ: FISV) delivered first-quarter results that showed gains in revenue and earnings, and announced the name of its next CEO. The payment provider, which acquired competitor First Data last July, saw revenue jump 151% year over year to $3.77 billion in the first quarter. About $1.4 billion of that came from First Data.
- Zacks
Fiserv (FISV) Posts In-Line Q1 Earnings, Withdraws View
Fiserv (FISV) first-quarter 2020 earnings and revenues increase year over year.
